Citigold (Join and opt-in as an Accredited Investor)
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Get S$1,500 Cash or 19,050 SmartPoints (enough to redeem an Apple iPhone 17 Pro Max)
- Sign up as an Accredited Investor
- Deposit S$500,000 AUM in fresh funds within 3 calendar months
OR
- Sign up as an Non-Accredited Investor
- Deposit S$500,000 AUM in fresh funds within 3 calendar months
- Make a new qualified investment of min. S$100,000 within 3 calendar months
Get S$1,200 Cash or 15,970 SmartPoints (enough to redeem an Apple 13-inch MacBook Air)
- Sign up as an Accredited Investor
- Deposit S$350,000 AUM in fresh funds within 3 calendar months
Get S$900 Cash
- Sign up as an Non-Accredited Investor
- Deposit S$350,000 AUM in fresh funds within 3 calendar months
PLUS get an additional S$200 Cash Bonus on top of your gifts if you fund the fresh funds within 2 months! T&Cs apply.
Valid till 30 Jun 2026
ARE YOU ELIGIBLE?
MoneySmart Exclusive promotion is valid from 01-June-2026 till 30-June-2026
Applicable for New-to-bank account holders only
Customers must apply through MoneySmart to be eligible for this promotion.
Please remember to login to your MoneySmart account and submit your claim by 30th June 2026.
WHAT YOU NEED TO KNOW
Start a new Citigold banking relationship during the Qualifying Period
Open an Eligible Bank Account within one (1) month from application
Deposit a minimum sum of S$350,000 or S$500,000 AUM, comprising of fresh funds, into the Eligible Bank Account within 3 months of account opening, including the month of account opening
Maintain AUM Fresh Funds of at least S$350,000 or S$500,000 in the Eligible Citigold Account from the deposit period till Gift Fulfilment.
Start a new Citigold banking relationship and (i) deposit min. S$500,000 AUM in fresh funds (ii) successfully sign up as an Accredited Investor (AI) on an individual basis in the capacity as a primary account holder within 3 calendar months of account opening, including the month of account opening to be eligible for:
- S$1,500 Cash via PayNow OR
- 19,050 SmartPoints (redeem an Apple iPhone 17 Pro Max)Start a new Citigold banking relationship and (i) deposit min. S$500,000 AUM in fresh funds (ii) make a new qualified investment of minimum S$100,000 within 3 calendar months of account opening, on an individual basis in the capacity as a primary account holder within 3 calendar months of account opening, including the month of account opening to be eligible for:
- S$1,500 Cash via PayNow OR
- 19,050 SmartPoints (redeem an Apple iPhone 17 Pro Max)Start a new Citigold banking relationship and (i) deposit min. S$350,000 AUM in fresh funds (ii) successfully sign up as an Accredited Investor (AI) on an individual basis in the capacity as a primary account holder within 3 calendar months of account opening, including the month of account opening to be eligible for:
- S$1,200 Cash via PayNow OR
- 15,970 SmartPoints (redeem an Apple 13-inch MacBook Air 512GB)Start a new Citigold banking relationship and deposit min. S$350,000 AUM in fresh funds within 3 calendar months of account opening, including the month of account opening to be eligible for:
- S$900 Cash via PayNowGet an additional S$200 Cash via PayNow when you deposit the min. fresh funds within 2 calendar months of account opening, including the month of account opening and maintain the funds until gift fulfilment to be eligible.
Enjoy stackable rewards from Citibank!
- Enjoy up to 7.51% p.a. interest when you join Citigold and open a Wealth First account. T&Cs apply.
- Enjoy $888 rewards when you be an accredited investor. T&Cs apply.
- Multiply your rewards and enjoy S$1,000 cash for every S$100,000 investment and/or insurance purchase. T&Cs apply.
- Enjoy Citigold Preferential Time Deposit Rates of up to 1.50% p.a. (3-month SGD Time Deposit) or up to 1.60% p.a. (6-month SGD Time Deposit). T&Cs apply.Use 19,050 SmartPoints to fully redeem a product from our Rewards Store. If the product costs more, redeem with your points and top up the rest by purchasing additional SmartPoints. Enjoy flexible redemption and get the rewards you want!
SmartPoints will be credited into your points wallet, with a validity period of 1 year. You can choose to redeem any reward, or accumulate your points for future redemptions.
Account Details
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Citi Wealth First Account (Citigold) Benefits
A wholly-owned subsidiary of Citigroup, Citibank Singapore has been providing wealth management products and services, including investments, insurance, deposits and treasury products since 1902. With a reported total assets of around $2.431 trillion, Citibank has a selection of savings accounts for you to choose from.
If you’re looking for investment-focused priority banking programmes, Citibank has 3 types — Citigold, Citi Priority and Citi Private Client. In this review, we’ll look at Citigold which offers you up to 7.51% p.a. bonus interest, and is mostly for individuals who can meet the required minimum Assets Under Management (AUM) balance of $$350,000.
Let's examine the pros and cons of taking up a Citi Wealth First Account (Citigold).
Pros & Cons of Citi Wealth First Account (Citigold)
Pros ✅
- Base interest rate of 0.01% p.a. and up to 7.51% p.a. of bonus interest rate when you join Citigold and open a Wealth First Account (insured up to S$100K by SDIC)
- Instant payments and real-time balance updates
- Quick and convenient transactions via Citi Mobile App, Citibank's online website, and CitiPhone Banking
- Access to in-depth global market insights and research knowledge over 350 research analysts
- No overseas cash withdrawal fee across Citibank ATMs worldwide
- No conversion or foreign transaction fees and administrative charges in over 150 currencies in Citibank Global Wallet when using Citigold Debit Mastercard
- Dedicated relationship manager to assist in portfolio management
- Access to wealth advisory tools such as the Citigold Total Wealth Advisor (TWA) and the Citigold Diversification Index (CDI) via Citi Mobile App
- Lifestyle privileges such as dining and shopping discounts
- Tiered, stackable bonus interest available through actions
- 0% commission when buying trades online for U.S. & Hong Kong markets for 6 months on new Citibank brokerage accounts
- Enjoy 3-month SGD Timed Deposit at up to 3% p.a. interest and 6-month SGD Timed Deposit at up to 2.9% p.a. interest (insured by up to S$100K by SDIC)
- Complimentary annual fee waiver on Citi credit cards (applicable to 1 Citi core credit card and 1 Citi co-branded credit card excluding Citi Ultimate and Citi Prestige)
- Citigold status recognised at international Citibank branches
- Engage with a relationship manager to start your Citigold journey as an accredited investor
Cons ❌
- Specific criteria to become an eligible accredited investor:
- Min. S$300,000 income in the last 12 months (or its equivalent in foreign currency), or
- >S$2 million net personal assets, of which net value of primary place of residence can only contribute up to S$1 million, or
- >S$1 million net financial assets (or its equivalent in foreign currency)
- Required to spend at least S$250 per month or make multiple retail spends amounting to at least S$250 in a month using Citibank Debit Mastercard
- Limited benefits that exclude airport lounge access and limousine transfer services
- Complex eligibility to qualify for maximum 7.51% p.a. bonus interest (e.g. credit salary + invest + insure + borrow + save)
- Each action only gives additional 1.5% p.a. bonus interest
Citi Wealth First Account (Citigold) Requirements
Citi Wealth First Account (Citigold) Interest Rates & Fees
Another thing to keep in mind are the other fees that may eat into your savings, such as cash withdrawal fees, annual fees and foreign currency transaction fees, some of which are not usually published upfront on most banks’ websites. Citibank applies certain fees but also waives several others:
No Overseas ATM Cash Withdrawal Fee
One of the benefits of being a Citigold account holder is that you can withdraw cash anytime from your account from any Citibank ATMs worldwide without having to pay for any overseas cash withdrawal fee.
No Conversion or Foreign Transaction Fees and Admin Charges
If you're unsure about what a foreign transaction fee is, it usually ranges between 2.5% to 3.5% of the transaction amount. It comprises 3 components: a fee that is charged by a credit card network such as MasterCard or Visa, and another fee that is charged by your card issuer company i.e. Citibank in this case, and lastly, the third component which is the dynamic currency conversion fee that’s usually 1% (only if you pay in SGD instead of overseas currency).
Account Service Fee
A Monthly Account Service Fee of S$15 will be charged if your Total Relationship Balance is less than S$15,000 in your Citi Wealth First Account (Citigold) at the end of each month.
Account Closure Fee
An early account closure fee of S$50 is imposed if the Citi Wealth First Account (Citigold) is closed within 6 months from the date of account opening.
Elevate Your Wealth as an Accredited Investor With Citigold
Want better investments, better advice, and better rewards? If you’re a qualified accredited investor, take advantage of Citigold’s wealth (no pun intended) of investment opportunities, dedicated Relationship Manager, and Total Wealth Advisor tool to manage your portfolio all in one place.
More Investment Opportunities & Receive Expert Advice
Your RM will design customised investment strategies tailored to your financial goals, risk appetite, and market preferences. They’ll guide you in diversifying your portfolio across various asset classes, and even suggest alternative investments where applicable. Additionally, Accredited Investors will enjoy early/exclusive access to investment opportunities such as pre-IPO investments, private equity, and other high-yield products.
Furthermore, your RM can assist in strategising tax-efficient solutions to optimise returns, monitor market changes, and recommend adjustments to seize opportunities or mitigate risks. Leveraging tools like the Citigold Total Wealth Advisor (TWA), they’ll help project your portfolio’s future outcomes, ensuring your wealth-building aligns with your long-term goals.
Want More High-Yield Options?
Weigh your options and compare other high interest savings accounts here on MoneySmart!
How to Apply for Citi Wealth First Account (Citigold)?
- Spend at least S$250 (or equivalent in foreign spend) on eligible retail transactions per month with Citigold Debit Mastercard
- Purchasing a single lump sum investment (or combination of single lump sum investments) of at least S$50,000 per month
- Purchasing a new single premium insurance policy (or multiple single premium policies) of at least S$50,000
- Taking up a new home loan of at least S$500,000.
- Increasing account’s average daily balance from previous month’s by at least S$3,000
Then a Citigold account might be beneficial since you can take advantage of the bonus interest rates and maximise returns on your funds.
Here are 3 simple steps to apply for Citi Wealth First Account (Citigold):
Prepare the Necessary Documents
For Singaporeans
- NRIC or proof of Singapore residential address
For Foreigners
- Copy of passport and proof of Singapore residential address
- Copy of Employment Pass/Work Permit with at least 6 months’ validity
- For student pass holders: Prepare a copy of letter of acceptance from approved education institution
Apply via MoneySmart
Otherwise, if you’re a SingPass holder, you can apply on Citibank’s mobile app or website with MyInfo for a quicker application.
Alternatively, you can pick your preferred Citigold Relationship Manager or contact the 24-Hour Citigold Hotline (+65) 6225 5226 for assistance.
Be Informed of your Account Confirmation
Upon successful account application, you’ll either receive a call from your Citigold Relationship Manager and/or a confirmation message will be sent promptly to your handphone and registered email address.
Frequently Asked Questions
How to qualify for a Citi Wealth First Account (Citigold)?
- As long as you’re a Singapore Citizen or Permanent Resident (PR) or foreigner with a valid Singapore Employment Pass/Work Permit residing in Singapore, you’re eligible to apply for a Citi Wealth First Account (Citigold). You’ll also need to be aged 18 and above, and there’s no minimum monthly income required but you'll have to meet the minimum AUM of S$350,000.
Where do I apply for a Citi Wealth First Account (Citigold)?
- Click on the "Apply Now" button found here on our dedicated MoneySmart Citi Wealth First Account (Citigold) listing.
Alternatively, SingPass holders may apply through the Citi mobile app or Citibank's website with MyInfo. You can also contact your preferred Relationship Manager, or call Citigold’s 24-Hour Hotline at (+65) 6225 5226. Are there any fees if I get a Citi Wealth First Account (Citigold)?
- As a Citigold account holder, enjoy zero overseas cash withdrawal fees and foreign transaction fees.
There’s an Account Service Fee of S$15 per month if your Citi Wealth First Account (Citigold) balance falls below S$15,000 at the end of each month. How many types of currencies does my Citi Wealth First Account (Citigold) support?
- Every Citi Wealth First Account (Citigold) can support up to 150 different currencies with zero conversion charges and transaction processing fees when you pay with your Citigold Debit Mastercard.
Is there a difference between a Citi Wealth First Account (Citigold) and a Citi Wealth First Account (Citi Priority)?
Yes. You'll get to enjoy more benefits when you qualify for and open a Citigold account as compared to a Citi Priority account.
Having a Citi Wealth First Account (Citigold) means you earn a base interest rate of 0.01% p.a. and up to 7.51% p.a. bonus interest rate, you're also entitled to a dedicated Relationship Manager to help you manage your investment portfolios, early or preferential access to select investment products, more lifestyle benefits, and access to wealth advisory tools such as the Citigold Total Wealth Advisor (TWA) and the Citigold Diversification Index (CDI) via Citi Mobile App–all of which are much more perks than what a Citi Priority customer gets.
While there is no minimum monthly income required to have a Citi Wealth First Account (Citigold), the minimum deposit or investment of $250,000 is needed to be in your Citi Wealth First Account (Citigold) at any point of time, which is more than triple the amount required for a Citi Wealth First Account (Citi Priority).
What if I encounter problems in my Citi Wealth First Account (Citigold) application?
- You may contact your preferred Relationship Manager, or call Citigold’s 24-Hour Hotline at (+65) 6225 5226 whenever you need help in your application.
What is a Citigold account?
- Citigold is designed for individuals with a minimum of S$350,000 fund-in of fresh funds in Assets Under Management (AUM).
“AUM” refers to the combined balances held in a client’s primary accounts including Citi checking and savings account, time deposits, investments, and life insurance premiums where applicable.